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DOJ Fires Back at NAR With Court Filing of its Own
The courtroom volley between The National Association of REALTORS® (NAR) and the U.S. Department of Justice (DOJ) wages on. This time, the DOJ claims that it should be allowed to investigate NAR because its antitrust settlement wasn’t formalized. “Contrary to...
Real Estate Webmasters Wins Gold at Muse Creative Awards
Enjoying explosive growth following the launch of its Renaissance website platform earlier this year, Real Estate Webmasters celebrated another victory last month—winning the 2021 Muse Creative Design gold award for its submission, www.carlycarey.com, the website of luxury real estate professional...
Colibri, Industry Event, Luxury Agent, Real Estate Courses, Virtual Event, McKissock Learning, Real Estate Education, Luxury Real Estate, Luxury, Latest News, News
Free Webinar Breaks Down How to Enter the Luxury Home Market
It’s no secret that the real estate market has been soaring over the past few years, particularly when it comes to luxury or high-end homes. In fact, according to the National Association of REALTORS® (NAR), the percentage of new homes...
Construction, real estate news, Remodeling, Real Estate, Industry News, Home Renovation, Housing Market, National Association of Home Builders, National, Latest News, News
Remodeling Demand Is Strong Despite Material and Labor Shortages
Remodeler’s confidence increased in the third quarter, with the NAHB/Royal Building Products Remodeling Market Index (RMI) posting a reading of 87, according to the National Association of Home Builders (NAHB). The NAHB/Royal Building Products RMI survey asks remodelers to rate...
real estate news, Industry News, Mortgage Rates, Housing Market, Freddie Mac, Interest Rates, National, Latest News, News
Mortgage Rates Reach Peak High Since April
The 30-year fixed-rate mortgage (FRM) averaged 3.05%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. This marks a peak in rates not seen since April. Mortgage details: – 30-year fixed-rate mortgage averaged 3.05% with an average...
Zillow Stops Buying Houses – What Does This Mean and Will Other iBuyers Follow Suit?
The supply chain challenges that are straining the housing market are having the same effect on iBuying giant Zillow. The real estate platform announced on Oct. 18 that its home-flipping business, Zillow Offers, will be taking a break from signing...
Asian Real Estate Association of America, Leadership, real estate news, AREAA, Real Estate, Industry News, National, Latest News, News
Tim Hur Named AREAA 2022 National President
The Asian Real Estate Association of America (AREAA) has installed its next president. Tim Hur, 37, who is the managing broker and president of Point Honors and Associates, REALTORS®, a boutique real estate firm located in Metro Atlanta, becomes the...
Purchase Originations, Lending, Real Estate Transaction, real estate news, Mortgage Bankers Association, Industry News, Mortgage, National, Latest News, News
Industry Forecasts Purchase Originations to Increase 9% to Record $1.73 Trillion in 2022
The Mortgage Bankers Association (MBA) recently announced that purchase mortgage originations are expected to grow 9% to a new record of $1.73 trillion in 2022. After an anticipated 14% decline in 2021 to $2.26 trillion, MBA expects refinance originations will...
